For prospective entrepreneurs who want to reside permanently in Newfoundland and Labrador:
The International Entrepreneur category is intended for experienced business owners or senior business managers who wish to permanently reside in Newfoundland and Labrador. They must start a new business or buy an existing business and must actively participate in the day-to-day management of the business. After operating the business for at least one continuous year, the international entrepreneur may be nominated for permanent resident status, subject to fulfillment of certain criteria outlined by the Office of Immigration and Multiculturalism.
To determine if you are eligible, we encourage you to carefully read the following guide. Application-related forms are also available online.
The Provincial Government will open six rounds of Expressions of Interest for prospective immigrants around the world who wish to settle in the province and be engaged in the daily operation of a business they create, join, or take over. Individuals interested in being considered for the International Entrepreneur category can submit an Expression of Interest during the following dates:
- January 29 to February 4, 2020;
- February 14 to 21, 2020;
- March 13 to 20, 2020;
- April 17 to 24, 2020;
- May 15 to 22, 2020; and,
- June 19 to 26, 2020.
If you meet the eligibility requirements, we encourage you to begin an Expression of Interest (EOI) by clicking the button below. Successful expressions of interest will be followed with invitations to complete a formal application to the International Entrepreneur category.
After submitting your EOI, if you receive an Invitation to Apply (ITA), complete the application form and include all supporting documents.
There is a provincial application fee of $1,000 for the International Entrepreneur category (for the principal applicant and each associated partner). The provincial application fee is subject to change without notice. There may be fees associated with obtaining and preparing the required documents for this category (e.g., education credentials, language testing, translations, audited services, etc.).
You are responsible for any and all costs associated with travel to Newfoundland and Labrador for the exploratory visit and in-person interview. In addition, you (and associated partners, if applicable) must pay all required Government of
Canada immigration fees when you submit your application to IRCC for the work permit as well as for permanent residence.
Please address your $1,000 bank draft, money order or certified cheque to: NL Exchequer (please note this application fee is non-refundable)
Net Worth Verification Report
As part of your application, you must provide a Net Worth Verification Report. This report must be prepared by one of OIM’s designated Net Worth Verifiers, as listed on the website.
You must select one of the designated net worth verifiers, who will assess your net worth and the legal accumulation of your net worth. You are responsible for submitting the required documents to the Net Worth Verifier. A Document Checklist which lists the documents that will be required by the Net Worth Verifiers can be found at www.nlimmigration.ca. Please be aware that the Net Worth Verifiers may request documents in addition to those listed in the checklist and may call you for an interview, if necessary.
Upon engaging the services of a Net Worth Verifier, you must provide written direction, including the ITA number, to the Verifier instructing them to forward the verification report directly to OIM for inclusion with your application. Applicants may review and discuss the files with the Verifier prior to submission, however, only those files submitted by the Verifier directly to OIM will be considered in the application process. In order to ensure a prompt verification process and accuracy of reports, applicants shall ensure that all information provided to the Verifier is accurate and up to date.
Any and all costs associated with the provision of services by the Net Worth Verifier are the responsibility of the applicant.
Net Worth Verifiers
Grant Thornton LLP
Contact Person: Kerri Riddle
Senior Manager, Advisory Services
Grant Thornton LLP
Suite 300, 15 International Place
St. John’s, NL A1A 0L4
Postal Box Address
Office of Immigration and Multiculturalism
Department of Advanced Education, Skills and Labour
Government of Newfoundland & Labrador
P.O. Box 8700, St. John’s, NL A1B 4J6 CANADA